A new opportunity has arisen for a PMI Pricing Actuary, to take ownership of technical pricing and risk decisions, to support underwriting processes and the delivery of plan volume and margin targets. The role will have shared accountability for Large Corporate technical pricing approaches (existing and new propositions) and associated risk. It will ensure appropriate consideration is made of Covid impact on PMI claims & a robust and accurate quote system is in place, which reflects an up-to-date pricing approach.

The team is mainly based in Eastleigh but we can be flexible on location for the right candidate.

What will the role involve?

• Analyse, document and recommend proposals for pricing and underwriting new and existing propositions as well as setting the approach for large scheme specific decisions; managing stakeholders around priorities as necessary.  

• Can work to an authority of up to £3-4m premium, would influence decisions on schemes up to £20m.

• Work as part of a team of 3 senior pricing managers sharing responsibility for technical and commercial pricing decisions and performance monitoring. Supported by 2 technicians.

• Prioritise workload balancing strategic, governance and customer focus; proactively highlight and manage conflicts

Skills & experience we would like to see:

• A qualified actuary or very close to qualification, ideally with experience in Health Insurance

• Self-starting, able to operate autonomously, deal with ambiguity and uncertainty and be able to juggle different priorities

• Strong modelling skills are essential. Coding experience e.g., R, Python desirable

• You’ll need to be able to build credibility as the expert in their area, particularly in the eyes of the insurance risk forum

What will you get for this role?

• A salary between £60,000-£70,000 depending on location, experience and qualifications

• Generous defined contribution pension scheme

• Annual performance related bonus and pay review

• Holiday allowance of 29 days plus bank holidays and the option to buy/sell up to 5 additional days

• Up to 40% discount for some Aviva products through “My Aviva Extras” plus discounts for Friends and Family (some exclusions apply)

• Excellent range of flexible benefits to include a matching share save scheme

Working at Aviva

At Aviva, we’re people with a purpose. To be with you today, for a better tomorrow.

We bring this to life by ensuring managing risk is at the heart of the way we all work. We love people who do the right thing for our customers, and our colleagues. We want people who speak up, who take responsibility, and who make good decisions.

The way we do this is important too. We’re all about our people – that’s you – so we can be pretty flexible. If you want to work from home some of the time or change your hours so you can pick up your kids or care for someone in your family, we’re very open to that. In fact, we don’t advertise roles as either part or full time, because we know each person has different needs, just as each business area has different needs. So, it’s up to you to discuss working hours during your interview.

We care deeply about being inclusive and that means we encourage applications from people with diverse backgrounds and experiences. We want our employees to bring their whole self to work and that starts with you.

We interview every disabled applicant* that meets the minimum criteria for the job. Once you’ve applied, please send us a separate email stating that you have a disclosed disability and we’ll make sure we interview you.

We’d love it if you could submit your application online. If you require an alternative method of applying, please give Daniela Krol a call on 0121 234 7660 or send an email to daniela.krol@aviva.com 

*As defined in The Equality Act 2010*. By ‘minimum criteria’ we mean you should provide us with evidence which demonstrates that you generally meet the level of competence required and have the qualifications, skills or experience defined as essential to perform the role.